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In FY22 and FY23, clothing was a major driver of inflation
The Survey projects India's economic growth at 6.5-7 pc in FY2024-25 versus 8.2 pc in 2023-24
Public policy should pay particular attention to boosting the tourism sector, Survey notes
Survey shows the way for sustained growth
While services exports may continue to have a competitive advantage, future growth will hinge on domestic consumption and investment demand
The Survey says the idea of economic globalisation has run its course and it may not be reversed fully
The Survey also talked about positive transformations in the regulatory landscape of the service sector which have helped in creating a conducive business environment
Suggests to resolve transfer pricing matters to sustain foreign investor interest
Mission LiFE seeks to promote sustainable lifestyles through mindful utilisation of resources, minimisation of waste, and adoption of green choices
Indian state can free up its capacity and enhance its capability to focus on areas where it has to by letting go of its grip in areas where it does not have to, the survey stated
Private gross fixed capital formation must accelerate in machinery, equipment, intellectual property products to create quality jobs
Economic Survey 2024 news: The Economic Survey stated that short-term inflation outlook seems benign, but India faces persistent deficit in pulses
Between FY19 and FY23, the central and state governments contributed 49 per cent and 29 per cent, respectively, to total investments. The private sector's contribution was a mere 22 per cent
Sanjeev Agrawal, President, PHD Chamber of Commerce and Industry, said, "We believe that the growth will be above such conservative estimates as 8 per cent growth is becoming a new normal for India"
Occupancy rates are over 60 per cent for the third year in a row
Finance Minister Nirmala Sitharaman on Monday presented the Economic Survey 2023-24, along with the statistical appendix in the Lok Sabha
Finance Minister Nirmala Sitharaman presented the Economic Survey 2023-24, along with the statistical appendix, in the Lok Sabha on Monday
Puts onus on pvt sector to make sure jobs aren't replaced but reshaped
The overall foreign tourist visits to India rose from 1,054,642 in 2021 to an estimated 19,245,817 in 2023, indicating a robust recovery and growth in India's tourism sector post-pandemic